During the fourth quarter of fiscal 2019, the Company announced restructuring activities associated with our profit improvement initiatives, including costs associated with an early retirement program. The plan is expected to generate annual cost savings of approximately $10 million.

In the first quarter of fiscal 2020, the Company recognized pre-tax restructuring expense of $1.6 million related to the plan. To date, the Company has recognized $9.3 million of restructuring expense related to the plan. Future estimated restructuring expenses relate to the early retirement program and are estimated at a cost of $0.1 million and are substantially complete.

The following table provides an analysis of the changes in the North America Contract Segment restructuring cost reserve:



	August 31, 2019
(In millions)	Severance and Employee-Related			Exit or Disposal Activities			Total
Beginning Balance	$	6.7		$	1.0		$	7.7
Restructuring Costs	1.6			—			1.6
Amounts Paid	(4.8		)	(0.1		)	(4.9		)
Ending Balance	$	3.5		$	0.9		$	4.4

During the fourth quarter of fiscal 2018, the Company announced a facilities consolidation plan related to its International Contract segment. This impacted certain office and manufacturing facilities in the United Kingdom and China. The plan is expected to generate cost savings of approximately $3 million.

In fiscal 2019, the Company recognized restructuring and impairment expenses of $2.5 million related to the facilities consolidation plan, comprised primarily of $0.8 million related to an asset impairment recorded against an office building in the United Kingdom that was vacated and $1.4 million from the consolidation of the Company's manufacturing facilities in China.

In the first quarter of fiscal 2020 the Company recognized pre-tax restructuring expense of $0.2 million related to the plan. To date, the Company has recognized $6.6 million of restructuring costs related to the plan. Future estimated restructuring expenses relate to the facilities consolidation in China and are estimated at a cost of $1.7 million. The plan is expected to be complete by the end of fiscal 2020.

As the United Kingdom office building and related assets meet the criteria to be designated as assets held for sale, the carrying value of these assets have been classified as current assets and included within "Prepaid expenses and other" in the Condensed Consolidated Balance Sheets at August 31, 2019. The carrying amount of the assets held for sale was approximately $4.1 million as of August 31, 2019.

The following table provides an analysis of the changes in the International Contract segment restructuring costs reserve:



	August 31, 2019
(In millions)	Severance and Employee-Related			Exit or Disposal Activities			Total
Beginning Balance	$	0.1		$	0.1		$	0.2
Restructuring Costs	—			0.2			0.2
Amounts Paid	(0.1		)	(0.3		)	(0.4		)
Ending Balance	$	—		$	—		$	—